Gencor Industries stock gained 1.38 percent after Q3 profit jump

Published on 10/04/2026 at 14:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gencor Industries stock reported USD 33.805 million in fiscal Q3 revenue on June 30, 2026, while diluted EPS reached USD 0.39. Freedom Broker lifted its target to USD 21.00.

GENC, US3686781085, Illustration mit AI erstellt.

Gencor Industries stock (ISIN US3686781085) was last at USD 17.59 on the NYSE American on October 2, 2026, up 1.38 percent from the previous close of USD 17.35. The move followed fiscal third-quarter figures showing net income of USD 5.683 million, up from USD 3.843 million in the second quarter.

Profit rises faster than revenue

According to IT Boltwise on September 24, 2026, Gencor reported fiscal Q3 revenue of USD 33.805 million for the period ended June 30, 2026, compared with USD 33.799 million in fiscal Q2. That 0.02 percent revenue increase was accompanied by a 47.9 percent rise in net income.

Diluted EPS reached USD 0.39 in fiscal Q3 2026 versus USD 0.26 in fiscal Q2, a 50.0 percent increase. Gross profit was USD 9.434 million and the gross margin was 28 percent in the latest quarter, according to the quarterly financial data for Gencor.

Analyst target moves higher

Investing.com reported on September 10, 2026, that Freedom Broker downgraded Gencor from Buy to Hold while raising its price target to USD 21.00 from USD 19.00. The higher target indicates a more cautious rating alongside a higher valuation reference.

A separate market overview listed one analyst with a Buy rating and an average target of USD 19.00 on September 18, 2026. The target was USD 1.41 above the then-listed price of USD 17.59, equivalent to 8.0 percent above the October 2 reference price.

Stock remains below yearly high

Gencor traded between USD 17.44 and USD 17.81 on October 2, 2026. Its 52-week range was USD 12.22 to USD 20.19, putting the latest price USD 2.60, or 12.9 percent, below the yearly high.

Market capitalization stood at USD 257.8 million and trading volume reached 59,266 shares on October 2, 2026. For investors, the central question is whether the sharp earnings improvement can continue while revenue remains close to the prior quarter.